Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Appleton, 1923 |
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Сторінка 139
... linen from Germany , and of Germany to import cloth from England . " When each country produced both commodities for itself , 10 yards of cloth exchanged for 15 yards of linen in England , and for 20 in Germany . They will now exchange ...
... linen from Germany , and of Germany to import cloth from England . " When each country produced both commodities for itself , 10 yards of cloth exchanged for 15 yards of linen in England , and for 20 in Germany . They will now exchange ...
Сторінка 140
... yards of cloth , in both coun- tries , exchange for 17 yards of linen . " The demand for a commodity , that is , the quantity of it which can find a purchaser , varies , as we have before re- marked , according to the price . In Germany ...
... yards of cloth , in both coun- tries , exchange for 17 yards of linen . " The demand for a commodity , that is , the quantity of it which can find a purchaser , varies , as we have before re- marked , according to the price . In Germany ...
Сторінка 141
... yards of linen for 10 yards of cloth . " But our suppositions might have been different . Sup- pose that , at the assumed rate of interchange , England had been disposed to consume no greater quantity of linen than 800 times 17 yards it ...
... yards of linen for 10 yards of cloth . " But our suppositions might have been different . Sup- pose that , at the assumed rate of interchange , England had been disposed to consume no greater quantity of linen than 800 times 17 yards it ...
Сторінка 142
... linen will exactly pay for one another ; and when once this point is attained , values will remain without further ... yards of cloth cannot exchange for more than 20 yards of linen , nor for less than 15. But they may exchange for any ...
... linen will exactly pay for one another ; and when once this point is attained , values will remain without further ... yards of cloth cannot exchange for more than 20 yards of linen , nor for less than 15. But they may exchange for any ...
Сторінка 143
... yards of cloth for 15 of linen , she would not consume more . Let this fixed quantity be 1000 times 10 yards . At the rate , however , of 10 for 20 , England would want more linen than would be equivalent to this quantity of cloth . She ...
... yards of cloth for 15 of linen , she would not consume more . Let this fixed quantity be 1000 times 10 yards . At the rate , however , of 10 for 20 , England would want more linen than would be equivalent to this quantity of cloth . She ...
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17 yards Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers benefit bills bullion capitalists cause cheaper cheapness cheques circulation circumstances classes coin commerce consumers corn cost of carriage cost of labour cost of production crease days labour dealers debt depend depreciation diminished duction effect employment enable equal equivalent exchange value exist expense exports fall foreign commodities foreign countries France Germany gold and silver imports improvement income increase industry international demand issue issuers labour and capital land law of value les associés less loans lower means ment million modities obtain paid payment permanent persons Poland population portion pounds sterling precious metals produce proportion raise rate of interest rate of profit rent rise of prices savings seignorage sell speculation supply suppose supposition theory things tion trade transactions value of money wages whole yards of cloth yards of linen